Macerich Announces Addition Of John Perry As SVP Of Investor Relations

SANTA MONICA, Calif., April 9, 2013 /PRNewswire/ -- The Macerich Company (NYSE Symbol: MAC), one of the country's leading owners of high quality regional shopping centers, announced today that John Perry has joined the company as Senior Vice President -Investor Relations. Perry will be based at the company's Santa Monica headquarters.

Perry has spent the last 15 years as a REIT equity research analyst, primarily at Deutsche Bank, where over the course of his career, he oversaw both the bank's US and European REIT research efforts. In addition to producing insightful fundamental stock analysis and research, during this time, Perry also built up an extensive network of relationships throughout the investor, analyst, corporate, and investment banking communities.

"We are extremely pleased to be adding John to our executive team. I have worked with John for many years and know his REIT background and his knowledge of both the sell side and buy side will be extremely valuable to us. We are convinced he will help us enhance our relationships with the investment community," said Thomas O'Hern, Senior Executive Vice President and Chief Financial Officer.

"I'm very excited to be joining Macerich whose high-quality management team, shopping centers, and operating platform I have known for years. With a solid core portfolio providing visible long-term growth, a deep pipeline of development, re-development and expansion opportunities to drive additional upside, and an enhanced focus on becoming an industry leader in market transparency, Macerich is uniquely well-positioned to add shareholder value in the years to come," said John Perry.

Macerich is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich now owns approximately 65 million square feet of gross leaseable area consisting primarily of interests in 62 regional centers. Additional information about Macerich can be obtained from the Company's Web site at www.macerich.com.